Starknet Community Votes to Support Research on Independent Quantum-Resistant L1
Starknet held a non-binding Snapshot vote from October 15 to 22, with 93.52% of voting power supporting research into becoming an independent quantum-resistant Layer 1. Approximately 3,236 votes and 489.3 million STRK were involved.
StarkWare and the Starknet Foundation established a working group, planning to release a draft white paper for public review in November. Actual transition will require subsequent voting. STRK will continue as the native token, and the Ethereum bridge remains open.
Starknet currently operates as an Ethereum L2, relying on Ethereum's bridge and data availability. Its STARK proofs are based on hash functions, and account abstraction supports post-quantum signatures, but the bridge and blob data availability still depend on the elliptic curve system.
Eli Ben-Sasson proposed the independent L1 concept on October 8, aiming for full quantum resistance by 2027. He stated that Ethereum's 2029 target is too late and that the deadline may be postponed.
The voting results do not approve the migration. Starknet will continue to operate as L2. Analysis indicates that about 94% of voting power comes from addresses holding STRK delegated to the foundation.
In terms of market mechanisms, STRK's price initially rose after the announcement but then fell back. An independent L1 would make staking STRK part of its own security budget. Beneficiaries would be network operators looking to control the pace of upgrades, while those under pressure would be applications and liquidity relying on Ethereum for settlement and data availability.
Source: Public Information
ABAB AI Insight
StarkWare was founded by Eli Ben-Sasson and develops Starknet based on STARK technology. Vitalik Buterin participated in its Series A funding, and the Ethereum Foundation previously provided funding. Starknet's STARK proofs rely on hashes rather than elliptic curves.
In terms of capital pathways, an independent L1 would shift existing staked STRK from L2 security inheritance to its own validator budget. Resources would shift from relying on Ethereum upgrades to building its own data availability and bridge systems. STRK remains the native token.
This is similar to other L2 cases weighing security inheritance against autonomous upgrades. It is currently at a stage where differences in post-quantum migration timelines are becoming apparent, and some L2 narratives are loosening.
Essentially, this belongs to the reconstruction of the industry chain. L2 inherits L1 security, thus inheriting its upgrade pace; when quantum resistance requirements exceed L1 timelines, the dependency shifts from a security source to a constraint source, altering the binding structure of settlement and data layers.
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Security inheritance also inherits upgrade pace
Hash cryptography leading does not equal overall quantum resistance
Non-binding vote initiates research rather than migration